Gabriel India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 08, 2024 at 05:37 am EST
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Gabriel India Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 8,154.34 million. Revenue was INR 8,192.85 million. Net income was INR 412.45 million. Basic earnings per share from continuing operations was INR 2.87. Diluted earnings per share from continuing operations was INR 2.87.
For the nine months, sales was INR 24,856.49 million. Revenue was INR 24,991.85 million. Net income was INR 1,297.06 million. Basic earnings per share from continuing operations was INR 9.03. Diluted earnings per share from continuing operations was INR 9.03.
Gabriel India Limited is an India-based auto component company. The Company specializes in manufacturing ride control components such as shock absorbers, struts, and front forks. It is engaged in the trading of automobile components. The Company has a presence across various business segments, including two- and three-wheelers, passenger cars, commercial vehicles, railways and aftermarket. It offers various products, such as canister shock absorber, telescopic front fork, inverted front fork (canister and big piston design), mono shox, shock absorbers rear shock absorbers, strut assembly, FSD suspension, axle dampers, cabin dampers, seat dampers, double-acting hydraulic shock absorbers for conventional coaches for integral coach factory (ICF), shock absorber for EMU/ MEMU/DMU coaches, dampers for diesel locomotives, shock absorbers, MacPherson struts, gas springs, brake pads, drive shafts, suspension parts, suspension and strut bush kits, OC springs, coolants and front fork components.
GABRIEL INDIA LIMITED 
